Killarney Office
Welcome to Our Killarney Office
Gallivan Murphy Insurance Brokers Limited (GMIB), a Killarney based broker, operating nationally, is pleased to announce it has reached agreement that will see its family-owned, high-growth brokerage acquired by US headquartered AssuredPartners. The transaction, which is subject to customary regulatory approvals, is anticipated to complete in June 2022.
About GMIB.ie
Founded in 1989 and based in Killarney, Co. Kerry, GMIB operates nationally and has a strong and rapidly growing book of both personal and commercial lines business. Organic growth over recent years has been driven by significant investment in online functionality with GMIB placing in excess of €60m Gross Written Premium (GWP) annually and reporting revenues of €15m.
AssuredPartners Killarney
(GMIB Group)
Killarney Business Centre Upper,
High Street, Rock Road,
Kilcoolaght, Killarney,
Co. Kerry,
V93 NV21
Tel: +353 64 663 4632
Email: info@gmib.ie
Personal
Insurance
Business
Insurance
Tadgh Gallivan, Chairman commented,
“After 33 years building a successful and rapidly growing business, we are delighted to partner with AssuredPartners to become their platform for growth in the Irish market. The mutually strong cultural fit was evident from the outset of our discussions and in our shared ambition to further accelerate GMIB’s growth trajectory both organically and through acquisition.”
Denis Murphy, Joint Managing Director commented,
“We are truly proud & excited to be teaming up with a Global Insurance Broker with over 8,500 employees, AssuredPartners. This is a watershed moment in the Insurance Industry in Ireland as a Global Insurance Giant like Assured Partners has chosen Killarney, Co Kerry as their location to enter the Irish Insurance Market and be a Hub for future growth in Ireland. It is testament and a reflection of our tremendous talented team and an exciting time for the continued growth in staff numbers from 85 to in excess of 250 in the next 3 to 5 years. This is a very positive development, with the scale of AssuredPartners, for all our existing and new clients of GMIB who will continue to receive excellent customer service and competitive insurance premiums.”
Simon Gallivan, Joint Managing Director, commented:
“Building GMIB through exceptional client service has been our passion, so finding the right partner to help us continue that journey was critical for us. The AssuredPartners’ approach gives us the ability to remain focussed on our core strategy of delivering exceptional value and superior customer service to our clients across Ireland. We are excited at the opportunities this partnership brings to the business and our staff as we jointly target further growth across Ireland with the support of a strong, ambitious, parent.”
